Whew, I can’t believe I got all that in headline! Anyone who has read this blog for any period of time knows I’m a pessimist on the economy, in short I don’t see any reason to be hopeful: Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting […]
Foreclosures
Retail Sales Fall, Jobless Claims and Foreclosures Rise In July
Recovery, what recovery??? There’s no good news in the economic data released today… If President Obama and the Democrats in Congress where hoping improving economic indicators would help rescue their health care reform plans there out of luck. Retail Sales fell 0.1 percent last month, while new jobless claims increased to a seasonally adjusted 558,000, […]